The general level of political, financial, and economic uncertainty in a country which impacts the value of the country's bonds and equities. See: sovereign risk. Bloomberg Financial Dictionary
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Risk associated with an FX ( foreign exchange) transaction, referring to potential political or economic instability. Chicago Mercantile Exchange Glossary
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Risks associated with lending funds to, or making an investment in, a particular country. Also known as sovereign risk.
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country risk UK US noun [U or C]
► ECONOMICS, FINANCE the level of risk connected with doing business with another country, relating to whether that country will be able to pay back loans or pay for imports: »
This guide gives country risk ratings for financial, political and macroeconomic risk for 140 countries worldwide.
»The main consequences of a high country risk are a drop in foreign investment and lower economic growth.
Financial and business terms. 2012.